Senior Financial Analyst - Neurovascular Operations

Senior Financial Analyst - Neurovascular OperationsLocation:Irvine, California, United StatesRequisition #:21000USDPost Date:3 hours agoCareers that Change LivesThis position has the responsibility toprovide financial support for a Neurovascular manufacturing plant.Position focuses managing key financial processing including cost accounting, planning, forecasting, and providing strategic decision support to site leadership. Responsible for exerting influence and lead site on the execution of overall objectives and goals of the organization. Reports to the Sr. Finance Manager of NV Operations while aligning with plant leadership on site initiatives and financial objectives.We believe that when people from different cultures, genders, and points of view come together, innovation is the result and everyone wins. Medtronic walks the walk, creating an inclusive culture where you can thrive.A Day in the LifeResponsibilities may include the following and other duties may be assigned.Performs and analyzes working capital, cost against budget, variance analysis, forecasting, financial planning and expense comparisons by analysis of profit and loss statements and/or income statements.Prepares reports of findings and recommendations, compiles and consolidates financial plans and provides insights to management.Develops, maintains, and establishes operational specifications for financial information systems considering such things as information flow, volume, ad hoc reporting, and analysis.Performs functions related to following:Ensure integrity of site PL and Balance sheet reporting on labor, overhead, volume, material variances, scrap, obsolescence, and inventory in accordance to GAAP and Medtronic policies

Performs closing entries each month

Analyzes, interprets, and present information pertaining to financial performance

Communicate key variances, risks and opportunities

Prepare Daily / Weekly Metrics around Earned Hours, Overtime, PPV

Responsible for preparing and maintaining the integrity of assigned balance sheet accounts

Perform annual planning and quarterly forecasting processes utilizing planning system. Lead site management through the development of the plan. Train and engage operations leadership in financial acumen and accountability.Responsible for reviewing inventory existence verification plan for the plant and cycle count results to ensure site compliance to policy.Assist in continuous improvement initiatives. Facilitate development and validation of plans to deliver annual cost savings. Validate financial data into a project cost savings tracking system.Responsible to ensure the on-going accuracy of routers and product costs. Prepare cost estimates as required for new and extended product lines in QAD. Support standard cost setting and manufacturing site rates on an annual basis.Partner with other operations analysts to meet above objectives.Must Have: Minimum RequirementsBachelors Degree with 4+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 2+ years)Nice to HaveRequires advanced knowledge of job area combining breadth and depth, typically obtained through advanced education combined with experience. May have practical knowledge of project management.Advanced experience with Microsoft Office package (Excel, Word, PowerPoint)Experience in accounting/finance planning and analysisExperience in manufacturing finance organization.QAD SAP system experience.Strong communication, presentation, and interpersonal skills.Autonomy: Seasoned individual contributor.Works independently under limited supervision to determine and develop approach to solutions.Coaches and reviews the work of lower level specialists; may manage projects/ processes.Organizational Impact: May be responsible for entire projects or processes within job area.Contributes to the completion of work group objectives, through building relationships and consensus to reach agreements on assignments.Innovation and Complexity: Problems and issues faced are difficult, and may require understanding of multiple issues, job areas or specialties.Makes improvements of processes, systems or products to enhance performance of the job area.Analysis provided is in-depth in nature and often provides recommendations on process improvements.Communication and Influence: Communicates with senior internal customers.Exchange information of facts, statuses, ideas and issues to achieve objective, and influence decision-making.About MedtronicTogether, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Lets work together to address universal healthcare needs and improve patients lives. Help us shape the future.Physical Job RequirementsThe physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.